Nursing Care Facilities Market: ZIP 78205
Opportunity Score
39
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 78205 is an urban area with moderate foot traffic. with a population of 1,653 and household incomes below the national median ($34,631).
Area Profile
1,653
Population
$34,631
Median Income
-54% vs. national
Urban
Area Type
14.1/20
Foot Traffic
Very Car-Dependent
Median Age: 51.6 —
older demographic, may prefer sit-down options.
College-Educated: 36.5% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,530
2BR Fair Market Rent
$1,265
Median Gross Rent
$470 K
Median Home Value
13
Bank Branches
$6.7 M deposits
Tips for Starting a Elder Care Business in Texas
- State licensing for assisted living takes 6-12 months and involves facility inspections, staffing plans, and background checks. Start early.
- Staffing is your #1 cost and #1 challenge. CNA turnover runs 50-75% annually in most markets. Budget for constant recruiting.
- Medicare and Medicaid reimbursement rates vary by state. Some states pay well. Others don't cover costs. Know your state's rates before committing.
- Start small. A residential care home (6-8 beds) requires far less capital than a 50-bed facility and lets you prove your model.
- Median income sits at $34,631. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Bank Branches
- 13
vs. National Average
Median Income
-54% vs. $74,580
Walkability
+3.6 pts vs. national avg
Nearby Markets
78215
1.2 mi
Pop: 3,258
$82,128
Walk: 16.2
78202
1.8 mi
Pop: 9,952
$43,708
Walk: 12.4
78204
1.9 mi
Pop: 11,944
$54,667
Walk: 13.1
78203
2.0 mi
Pop: 4,845
$34,815
Walk: 14.4
78208
2.2 mi
Pop: 3,877
$23,194
Walk: 14.5
78210
2.5 mi
Pop: 34,740
$51,990
Walk: 13.9
78207
2.7 mi
Pop: 54,128
$30,655
Walk: 15.1
78212
2.8 mi
Pop: 26,670
$60,222
Walk: 15.3
Check Another Market
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About This Data
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits